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Message: WOW - Updated Golden Mile Presentation

WOW - Updated Golden Mile Presentation

posted on Nov 16, 2007 12:59PM
Few major points
1) Its only going to cost 17.8 million for the 60000m of drilling in 2008 (as per the presentation). Means we'll have around 40 million of play money to expand.

2) It kooks like a good portion of the golden mile extends to a depth of 40+ metres. Up until now they only had a few holes that proved that but the updated presentation shows many more, all over 5g/t Au.

Here is the updated golden mile PDF on the Kodiak website(as of today):
http://www.kodiakexp.com/_resources/hercules/hercules_nov15.pdf

Check out pages 13 and 34 in particular.

Cheers.
Gamblor.

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